GRNY vs QQQ
Fundstrat Granny Shots US Large Cap ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | GRNY | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.18% | |
| AUM | $4.5B | $496.3B | |
| Dividend Yield | 0.07% | 0.44% | |
| Holdings | 43 | 108 | |
| YTD Return | +10.05% | +16.23% | |
| 1Y Return | +18.95% | +26.23% | |
| 3Y Return (annualized) | - | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 18.0% | 30.6% | |
| Max Drawdown | -24.2% | -83.0% | |
| Fund Family | Fundstrat Capital | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Nov 7, 2024 | Mar 10, 1999 |
GRNY vs QQQ Performance
Fundstrat Granny Shots US Large Cap ETF (GRNY) is a ETF from Fundstrat Capital and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GRNY returned +18.95% while QQQ returned +26.23%. Year to date, GRNY is up 10.05% versus a gain of 16.23% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 18.0% for GRNY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -24.2% for GRNY and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GRNY charges 0.75% per year while QQQ charges 0.18%. On a $10,000 position that is $75 vs $18 annually, a gap of $57 per year that compounds over a long holding period. On income, GRNY currently yields 0.07% against 0.44% for QQQ.
Holdings Overlap
GRNY and QQQ share 16 holdings out of 129 unique holdings combined, representing a 26.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GRNY or QQQ?
GRNY has an expense ratio of 0.75% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, GRNY or QQQ?
Over the past year GRNY returned +18.95% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), GRNY annualized +18.97% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, GRNY or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 18.0% for GRNY. Worst drawdown: GRNY -24.2% vs QQQ -83.0%.
Should I hold both GRNY and QQQ?
GRNY and QQQ have a monthly-return correlation of 0.87, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GRNY and QQQ?
GRNY and QQQ share 16 common holdings with a 26.1% weight overlap. Combined, they hold 129 unique securities.
Which pays a higher dividend, GRNY or QQQ?
GRNY yields 0.07% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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